SOLUTION: The regular price of a certain bicycle is $125. If the price is reduced by 20%, what is the new price?

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Question 930110: The regular price of a certain bicycle is $125. If the price is reduced by 20%, what is the new price?
Answer by EdenWolf(517) About Me  (Show Source):
You can put this solution on YOUR website!
First let's find what 20% of $125 is. Let's convert 20% into a decimal. Move the invisible decimal point, after the 0, two spaces to the left. We get 0.20, or 0.2. Multiply 125 by 0.2.
125%2A0.2=25
We've found 20% of 125. But we're not done yet, though!
Subtract 25 from 125.
125-25=100
$100 is the new price.
Hope I helped!